Logan Ridge Finance Corporation announced that it has priced a private placement of $50 million in aggregate principal amount of 5.25% senior unsecured notes due 2026. The offering is expected to close on October 29, 2021, subject to customary closing conditions. The net proceeds to the Company are expected to be approximately $48.8 million, after deducting payment of fees and estimated offering expenses. The Notes bear an interest rate of 5.25% per year, payable semiannually and will mature on October 30, 2026. The Company intends to use the net proceeds of the private placement to repay certain indebtedness, including to redeem a portion of the outstanding 2022 Notes, and for general corporate purposes. The Notes have not been registered under the Securities Act, or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements.